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Freight Broker Rate Quiz #2
1. Shipper has 1 pick and 1 drop – Denver, CO to Utica, NY
Paying 1.55 per mile, shipper has 1,715 miles on the load. Broker takes 12% profit.
How much per mile will the truck get?
2. Same as above but turn RPM into flat rate that is paid to the truck.
3. Shipper has 1 pick and 1 drop – Payette, ID to Ocala, FL. Paying $4.95 per piece, shipper wants to load 980 boxes. Miles on the load – 2,590. Broker takes 10% profit
How much per mile will the truck get?
4. Shipper wants to load truck to the max with scrap iron. Truck can haul 40,000 lbs. Shipper loads 39,500 lbs and truck delivers 39,500 lbs. Load picks up in Elmhurst, IL and delivers to Roxbury, NY. Shipper is paying $7.80/cwt
Miles on the load – 820 Broker takes a 14% profit.
How much does the Broker make?
How much does the broker pay the truck?
Answers will appear this Thursday after lunch … good luck …
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